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Greek PM says bailout review to be concluded in March after 'honourable compromise'

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ATHENS Greek Prime Minister Alexis Tsipras defended a deal reached between Athens and its foreign creditors for further reforms in return for bailout aid, saying it was an 'honourable compromise'. | Video

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Greek recovery could be hit without bailout review soon, central banker says 24 Feb 2017

ATHENS Greece's central bank governor warned on Friday that "uncertainty" could hobble the country's economic recovery if the government and its lenders do not conclude a bailout review soon, urging both sides to be "flexible" in talks.

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New Greek reforms will have no fiscal impact - Finance Minister 23 Feb 2017

ATHENS New reforms to pensions and income tax that Greece will have to undertake to qualify for more loans will have no "net" fiscal impact, its finance minister said on Thursday.

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Greece needs debt restructuring, interest rate cuts - IMF's Lagarde 22 Feb 2017

BERLIN Greece doesn't need a debt haircut at the moment, International Monetary Fund Chief Christine Lagarde said on Wednesday, adding that debt restructuring and interest rate cuts on bailout loans were necessary.

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Cyprus reunification stalled in row over 1950 vote 22 Feb 2017

ANKARA/ATHENS Cyprus reunification talks were in disarray on Wednesday after reports the Turkish Cypriot side would not join this week's meeting in an escalating row that opened old wounds over past Greek Cypriot ambitions to unite with Greece.

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Jaded Greeks resigned to more austerity 21 Feb 2017

ATHENS When asked what he thought about the prospect of yet more austerity to be imposed on Greece by its international creditors, Nicos Papapetrou was fairly short.

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Greece says Germany must drop demand for high budget surplus 21 Feb 2017

ATHENS Greece on Tuesday urged Germany to drop its "irrational" demand that it meet a 3.5-percent primary budget surplus over a 10-year period, and be "constructive" about calls to ease the cash-strapped country's debt mountain.

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Greece, lenders agree to work out new reforms to unblock aid 21 Feb 2017

BRUSSELS Greece and its international lenders agreed on Monday to let teams of experts work out new reforms to Greek pensions, income tax and labour market that would allow Athens to eventually qualify for more cheap loans, euro zone officials said.

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Improving Greece may not need all its new bailout loan, bailout fund says 20 Feb 2017

BERLIN/ATHENS Greece may need far less in bailout loans from international lenders because its finance are improving better than expected, the head the euro zone bailout fund was quoted on Monday as saying. | Video

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Wanted - a CEO willing to hold Greek banking's 'poisoned chalice' 20 Feb 2017

ATHENS Wanted: a chief executive to run Greece's bank-rescue fund. Job description: work hard and pray for a miracle.

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